1899 Morgan Dollar

Some Morgan dollar fans may be surprised to see the 1899 appearing on the list of recommended coins. To be sure, the 1899 Morgan usually doesn’t generate much fanfare at numismatic events.

And yet, when decades of price trend values were analyzed, the 1899 emerged in a favorable light in terms of percentage gains.

There were only 330,000 business strikes of the 1899, one of the lowest numbers in the entire Morgan dollar series. Collectors are naturally drawn to small mintage figures, explaining why the 1899 steadily outperforms most other Morgans.(1)

Although the 1899 is an important date with good appeal, prices are within reach of many buyers, but…

Long ago, this was not true. From the years of its production and through the early decades of the 20th century, the 1899 was hailed as major rarity, for very few were found in circulation.

This began to change in the 1950’s when numerous bags came out of hiding. The Treasury dispersal of 1962-1964 brought many more 1899 dollars out into the open.

The 1899 may no longer occupy the kingpin status it once held, but remains today one of the better dates in the ubiquitous Morgan dollar series. The value trend charts suggest the 1899 may be poised for a renewed round of price hikes. 

Please Note: For the Morgan dollar price trend survey, only grades F-12, VF-20, EF-40, AU-50, and MS-60 were analyzed. Higher grades, Prooflike (PL), and Deep Mirror Prooflike (DMPL) were omitted because in these conditions, even rather ordinary Morgan dates can attain astronomical values that could easily skew results. The goal of the survey is to identify coins demonstrating superior price trend histories, regardless of grade.

Estimated survivors in all grades: 35,174
? The survivor estimate from PCGS represents an average of one or more experts' opinions as to how many examples survive of a particular coin in all grades. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Learn more at PCGS.
PCGS Rarity Scale: 2.6
? The 'PCGS CoinFacts Rarity Scale' assesses the relative rarity of all U.S. coins, based on estimated surviving examples. The scale runs from 1.0 to 10.0. The higher the number, the rarer the coin.
Learn more at PCGS.
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1899 Morgan dollar images surprisingly good value trends of the 1899 Morgan dollar
Trendline Avg = 14.99 GOOD
Last updated 6-9-24
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Coin images by Stack's Bowers Galleries.